Nestled on a level plot at 20 Tai Road, Wharewaka, Taupo, this residential vacant land boasts a freehold title, promising stability and autonomy. While the specifics of the wall and roof construction remain unknown, the property's potential is undeniable. With a land area of 500 square meters, it presents a blank canvas for your dream home, further enhanced by its serene cul-de-sac location.
As per the latest valuations, the capital value has seen a significant leap, with the government valuation standing at $400,000 as of July 2022. The HouGarden AVM estimates it slightly lower at $392,500. Notably, the property's latest sale on July 22, 2024, was for $360,000, indicating a potential for value appreciation. The capital value growth percentage is a testament to the area's desirability and investment potential.
For families with children, the property falls within the catchment area of Waipahihi School, a contributing school with a decile rating of 7. This indicates a good standard of education in the local area, adding to the appeal of this prime piece of real estate.
Updated on August 28, 2024